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02303cas a2200241 a 4500 |
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AALejournalIMF020460 |
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|c 5.00 USD
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|z 9781498344395
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|a 2663-3493
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Eligibility to Use the Fund's Facilities for Concessional Financing, 2015.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (37 pages)
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|a Policy Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The review of PRGT eligibility continues to be guided by the principles of maintaining a transparent, rules-based, and parsimonious framework-ensuring uniformity of treatment across members in similar situations while taking appropriate account of country-specific circumstances. The graduation policy seeks to maintain broad alignment with the World Bank's IDA graduation practices, while also remaining consistent with the principle of ensuring the self-sustainability of the PRGT's lending capacity over time. The paper concludes that the existing framework remains broadly appropriate, but could be enhanced in a few areas, including: Making use of additional data sources, namely the IMF BEL database, in assessing that a country has durable and substantial market access, supplementing the current reliance on the World Bank's IDS database that is produced with a significant lag; Sharpening the specification of circumstances under which the presence of serious short-term vulnerabilities would justify non-graduation of a country that meets the income graduation criterion. This would entail limiting the application of the serious short-term vulnerabilities criterion for countries that exceed the applicable income graduation threshold by 50 percent or more.
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|a Mode of access: Internet
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|a Policy Papers; Policy Paper ;
|v No. 2015/033
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/007/2015/033/007.2015.issue-033-en.xml
|z IMF e-Library
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